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we'll talk about our own dysfunctional people in washington, d.c., in this fiscal cliff. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. >>> this week, we made a good faith offer to avert the fiscal crisis. now, we need a response from
we'll talk about our own dysfunctional people in washington, d.c., in this fiscal cliff. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs....
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and we are 20 days away from that so-called fiscal cliff. in our new nbc news/wall street journal poll just out for us today, most americans say they want compromise. joining me here for our daily fix, chris, msnbc contributor and managing editor of postpolitics.com. the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the middle of the country. they wind up representing their two-party bases, the people that deeply disagree. democratic base does not want entitlement cuts, republican base does not want to raise taxes. but people in general like the idea congress can get something done on something big. now, i would
and we are 20 days away from that so-called fiscal cliff. in our new nbc news/wall street journal poll just out for us today, most americans say they want compromise. joining me here for our daily fix, chris, msnbc contributor and managing editor of postpolitics.com. the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah,...
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on the fiscal cliff. what do you make of that? are we becoming complacent? are we immune? what are you talking about on the floor? >> we just had the president speak. nothing there. china numbers tomorrow. then germany. maybe nothing there. i think everybody wants to fast forward to tuesday. they want to see what happens after operation twist expires. they want to see what bernanke said at 2:00. that's what we're looking at. >> we're always waiting around for something to happen. and if you wait around and climb this wall of worry, right, don't you sometimes miss out? >> i think you're right. and i think that we do expect something here this wednesday. and if we don't get that $45 billion a month program that actually creates money supply, i think you might see a little selloff. but i think it's priced in at this point. so i think we do have a big question mark here. but it may be answered this week. i think that's what traders are focused on. it's a big last three days after a quiet two days this week. >
on the fiscal cliff. what do you make of that? are we becoming complacent? are we immune? what are you talking about on the floor? >> we just had the president speak. nothing there. china numbers tomorrow. then germany. maybe nothing there. i think everybody wants to fast forward to tuesday. they want to see what happens after operation twist expires. they want to see what bernanke said at 2:00. that's what we're looking at. >> we're always waiting around for something to happen....
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you have the fiscal cliff, and you have all kinds of gridlock in washington. what do you make of what you see? >> it is very strange. i mean, it could be that somebody should sit down and rewrite the way america runs things, because, you know, while america did this, china moves forward rapidly. other countries are more decisive move forward rapidly. so i think on the fiscal cliff it will get sorted. it would be nice if there could be a bit more decisive leadership. if you run a company, you don't have this -- this horrible problem where you can't make decisions. you can get on and say if i want to get into space, i'll go into space. let's get on and invest in it. if i want to go down to the bottom of the oceans, let's build a submarine that goes to the bottom of oceans. it's a lot easier than running a country. >> do you blame any particular side? is it all the same to you? >> look, i think i'm slightly biased one way more than the other, but i'm not going to push out 50% of the people watching your program right now. all right. i think that as far as things
you have the fiscal cliff, and you have all kinds of gridlock in washington. what do you make of what you see? >> it is very strange. i mean, it could be that somebody should sit down and rewrite the way america runs things, because, you know, while america did this, china moves forward rapidly. other countries are more decisive move forward rapidly. so i think on the fiscal cliff it will get sorted. it would be nice if there could be a bit more decisive leadership. if you run a company,...
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over the fiscal cliff. let's not delay the thing. it needs efforts. let's make them short for a better future. i think we should be ready as a corporation, being ready for maybe a year of difficult market, difficult situation in the market because that is a ceiling on our growth in terms of economical growth as to be released. it's really me an investment for the future. >> you're seeing a similar situation in france where we're talking about the possibility of capital gains taxes and dividend taxes going much higher. what will that do to the investor class, to the entrepreneurialism that we're seeing? what is the impact? >> well, it's amazing impact. short-term wise, people started to leave france. you heard about 75% tax on revenues above 1 million euros. it's not that many people, of course, but it's a signal sent to people. much more important than that, it's what has been announced and what will be implemented next year on dividends and capital gains. this is a signal to the young generation when it wi
over the fiscal cliff. let's not delay the thing. it needs efforts. let's make them short for a better future. i think we should be ready as a corporation, being ready for maybe a year of difficult market, difficult situation in the market because that is a ceiling on our growth in terms of economical growth as to be released. it's really me an investment for the future. >> you're seeing a similar situation in france where we're talking about the possibility of capital gains taxes and...
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is on the looming fiscal cliff. president obama administration is quietly handing over billions of dollars to the united nations in the name of global warming. >> that was the opening salvo of a recorded message that was sent to qatar where they joined 200 countries around the world this week at a united nations climate issue summit. negotiations continue regarding a large scale climate treaty to be signed by 2015. while the u.s. senate would have to ratify any international treaty by two-third vote, inhalf says he and others are more concerned about the domestic regulations. he continued to press white house about why the administration failed to issue reports on pending regulations in april and october as required by law. the white house wouldn't explain the last to us, the source says the federal agencies are in the process of pulling together that information. bret? >> bret: thank you. there are a lot of extremely happy people in washington state tonight at the stroke of midnight, hundreds lit up under the seatt
is on the looming fiscal cliff. president obama administration is quietly handing over billions of dollars to the united nations in the name of global warming. >> that was the opening salvo of a recorded message that was sent to qatar where they joined 200 countries around the world this week at a united nations climate issue summit. negotiations continue regarding a large scale climate treaty to be signed by 2015. while the u.s. senate would have to ratify any international treaty by...
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the number of days before the nation is going to slip over the fiscal cliff and that is what people are talking about. unfortunately, in washington they are not talking to each other about it. right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of you
the number of days before the nation is going to slip over the fiscal cliff and that is what people are talking about. unfortunately, in washington they are not talking to each other about it. right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal...
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the fiscal cliff. they could be, working all this out behind-the-scenes and will tell us later. they could be. maybe the threat of working through the holidays will get them on the move? that is coming up. and a possibly breakthrough in the high profile murder case that cops call a "hit" job. police now have the get away car. but what about the driver? nounc] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in visio
the fiscal cliff. they could be, working all this out behind-the-scenes and will tell us later. they could be. maybe the threat of working through the holidays will get them on the move? that is coming up. and a possibly breakthrough in the high profile murder case that cops call a "hit" job. police now have the get away car. but what about the driver? nounc] you like who you are... and you learned something along the way. this is the age of knowing what you're made of. so, why let...
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>> the whole country is truly concerned about the fiscal cliff, that is obvious. everybody is sitting back and waiting to see if washington can actually get something done. if political agendas can get it aside and think about the devastation that probably occurred with the fiscal cliff. the spring selling season begins in late january. we have been the bright spot in the economy. our industry are creating jobs, we're coming back in the early stages of a recovery so the fiscal cliff january 1 would have a huge impact on the country, and impact on our business, and we have our fingers crossed and are very hopeful washington can get something done and we'll have to see. but if they don't, there is no question there will be a little bit of time until things settle down when the buyers will hit the sidelines. liz: will it derail the tentative recovery here? >> right now we are three weeks away from this fiscal cliff date and we're still selling houses. i don't think it derails it, but there could be a pause until things get worked out. liz: part of it is being discuss
>> the whole country is truly concerned about the fiscal cliff, that is obvious. everybody is sitting back and waiting to see if washington can actually get something done. if political agendas can get it aside and think about the devastation that probably occurred with the fiscal cliff. the spring selling season begins in late january. we have been the bright spot in the economy. our industry are creating jobs, we're coming back in the early stages of a recovery so the fiscal cliff...
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of the fiscal cliff. after a series of meetings with the president and house speaker john boehner, new jersey governor chris christie had little to say as he left washington, but as other senators we spoke to see it, the jersey shore may be running head on into the fiscal cliff. he visited the president at the white house, then he met with senators from his own state before slipping in to meet the speaker of the house. >> going home, guys. see you later. >> reporter: but then chris christie, a potential presidential candidate who is rarely at a loss for words, departed the nation's capital in near total silence. as it turns out, the new jersey governor's quest for money to rebuild the battered shoreline may be waiting for another fiscal cliff. in other words, bad timing. >> there's a chance that any of this could get caught up in the fiscal cliff talks. >> it doesn't come at an opportune time because of the fiscal cliff, both the talks and the idea we're short of money. traditionally, what this country ha
of the fiscal cliff. after a series of meetings with the president and house speaker john boehner, new jersey governor chris christie had little to say as he left washington, but as other senators we spoke to see it, the jersey shore may be running head on into the fiscal cliff. he visited the president at the white house, then he met with senators from his own state before slipping in to meet the speaker of the house. >> going home, guys. see you later. >> reporter: but then chris...
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also, our "washington journal" series on the fiscal cliff with talk about the alternative minimum tax. we will also talk with senator tom cole of oklahoma. >> several liebowitz to tell you about on c-span3 tomorrow. politico post journalists and author bob woodward and marco rubio. a little after 8:00 a.m. eastern. at 10:00 o'clock, the senate appropriations committee will hear about the federal response hurricane sandy. fema director craig fugate and senators from some of the affected states. the house foreign affairs committee and the regional influence. that is at 2:00 p.m. eastern. the senate voted on the u.n. treaty for the disabled. sixty-six votes were needed for ratification. sixty-eight to 38 the vote failed. >> i think it would be fair not to use of the time in an unfair way. i would ask that if they are not ready to use their time, that this be charged against them. because i think it is important that we don't give a part-time as a result of that. i ask unanimous consent that we not be charged that time. >> is there objection? >> the senator from indiana. >> in terms of ou
also, our "washington journal" series on the fiscal cliff with talk about the alternative minimum tax. we will also talk with senator tom cole of oklahoma. >> several liebowitz to tell you about on c-span3 tomorrow. politico post journalists and author bob woodward and marco rubio. a little after 8:00 a.m. eastern. at 10:00 o'clock, the senate appropriations committee will hear about the federal response hurricane sandy. fema director craig fugate and senators from some of the...
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we'll talk about our own dysfunctional people in washington, d.c., in this fiscal cliff. [ man ] in hong kong, on my way to the board meeting... anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. >>> this week, we made a good faith offer to avert the fiscal crisis. now, we need a response from the white house. we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the rea
we'll talk about our own dysfunctional people in washington, d.c., in this fiscal cliff. [ man ] in hong kong, on my way to the board meeting... anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about...
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. >>> let's get some expert analysis as well on today's fiscal cliff meeting. cnn's sane yore political analyst, mr. david dergan, he joins me by phone. david, before i ask you, it's interesting. this is the latest from jessica yellin and folks in washington. both sides are saying, they met at the white house, in efforts to resolve the fiscal cliff, no the reading out any details. they believe that this -- it is encouraging because they're on the same message, they seem to be in agreement. what do you think? >> i think it is encouraging. certainly on the surface. the most important reason it's encouraging is that both men are obviously looking for a compromise. they're both looking for a solution. with time running out it was urgent that this week, they try to strike a deal. and i think the deal can be wrapped up fairly quickly. everybody knows what the debate for months and months and months how to possibly do this. i think there are two questions, don. one is the short-term question, are they getting closer to avoiding the fiscal cliff? that's the short-term.
. >>> let's get some expert analysis as well on today's fiscal cliff meeting. cnn's sane yore political analyst, mr. david dergan, he joins me by phone. david, before i ask you, it's interesting. this is the latest from jessica yellin and folks in washington. both sides are saying, they met at the white house, in efforts to resolve the fiscal cliff, no the reading out any details. they believe that this -- it is encouraging because they're on the same message, they seem to be in...
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cliff. the deadly storm destroyed or otherwise damaged hundreds of thousands of homes and businesses knocking out power to millions of people along the northeast coast. be careful what you say in front your television because one day soon it could be listening. a new system is in the works that could target commercials just for you. based on what you say. or how you act in the privacy of your own home. >>trace: your television could be watching you one day. the major cable provider has filed for a pat than does that, a set 207 box that you can use or pick up on your gestures while you were watching television. it could listen in on your conversations. the whole idea is to taylor commercials specifically for whoever is watching. for example, if the box hears you arguing with your spouse an advertisement for marriage counseling could pop up. we have seen proposals like this before and it raises big concerns from privacy advocates. today a company spokesman says and i quote, "vie drop has a wel
cliff. the deadly storm destroyed or otherwise damaged hundreds of thousands of homes and businesses knocking out power to millions of people along the northeast coast. be careful what you say in front your television because one day soon it could be listening. a new system is in the works that could target commercials just for you. based on what you say. or how you act in the privacy of your own home. >>trace: your television could be watching you one day. the major cable provider has...
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then again, it could look like fiscal cliff part two. washington is washington, after all. telemundo jose diaz bullart lends his intelligence and wit to an increasingy horny topic. jose, it's wonderful to see you, as always. >> thank you, alex. what a pleasure. pleasure to see you. you know, it's interesting, alex. the folks that love -- i'm sorry. go ahead. >> oh, i was just going to say there has been this sense that everyone was going to settle under a rainbow and sit at the pot of gold and come up with comprehensive immigration reform, but now we are starting to see some fractures, some discussion that certain elements of the republican party are not going to be okay with a comprehensive immigration reform package. where do you stand on this? do you think that -- >> it's interesting. do think the process helped the gop among latino voters? >> no. no. it's interesting, alex, because the same people that love a tax amnesty hate apparently citizenship possibilities for 11 million people that have been here for many years. many of them have children and grandchildren born i
then again, it could look like fiscal cliff part two. washington is washington, after all. telemundo jose diaz bullart lends his intelligence and wit to an increasingy horny topic. jose, it's wonderful to see you, as always. >> thank you, alex. what a pleasure. pleasure to see you. you know, it's interesting, alex. the folks that love -- i'm sorry. go ahead. >> oh, i was just going to say there has been this sense that everyone was going to settle under a rainbow and sit at the pot...
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the republicans and democrats alike designed the fiscal cliff. it's a series of bipartisan compromises and i think it's kind of foolish to think that this group of congressmen and senators is going to come up with a way out of something they themselves designed. >> rich, you worked for a republican speaker who went up against a democratic president over the spending issues. back then the face-off didn't turn out all that well for your party. obviously very different era. do you agree with eric's take? is the right strategy for republicans to stick to their guns, forget about compromise? >> no. i really don't -- eric is one of my favorite people. we talk a lot. but i think that, and i did work for the speaker gingrich during the shut-down fight in '96, and it did not work out well for republicans. the president has a much bigger bully pulpit than the speaker does. newt gingrich's bully pulpit was pretty big back in those days but at some point, republicans in the house -- and i think boehner is trying to look for ways to do this, speaker boehner,
the republicans and democrats alike designed the fiscal cliff. it's a series of bipartisan compromises and i think it's kind of foolish to think that this group of congressmen and senators is going to come up with a way out of something they themselves designed. >> rich, you worked for a republican speaker who went up against a democratic president over the spending issues. back then the face-off didn't turn out all that well for your party. obviously very different era. do you agree with...
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and the fact is, is that the debt limit ought to be used to bring fiscal sanity to washington, d.c. >> reporter: as the deadline to reach a deal to avert the fiscal cliff draws ever closer, republicans say the real issue is spending cuts. >> listen, republicans want to solve this problem by getting the spending line down. the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: a claim the white house denies, spokesman jay carney. >> let's just be clear. there is one party to these negotiations who has put forward a specific proposal for revenue and a specific proposal for spending cuts. even when the republicans-- and i saw speaker boehner do this earlier today-- insist that the president hasn't put forward spending cuts, one, it begs the question, what spending cuts have the republicans put forward? >> reporter: the president was asked if he was optimistic about reaching a deal. >> still a work in progress. >> reporter: but senate majority leader harry reid said republicans in congress should yield to public opinion about ta
and the fact is, is that the debt limit ought to be used to bring fiscal sanity to washington, d.c. >> reporter: as the deadline to reach a deal to avert the fiscal cliff draws ever closer, republicans say the real issue is spending cuts. >> listen, republicans want to solve this problem by getting the spending line down. the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: a claim the white house denies, spokesman...
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. >> and tomorrow morning's "washington journal", peter welch, on the latest development of the fiscal cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. now come in a discussion of how the military and national security might be a affected by spending cuts at the first of the year. part of the so-called fiscal cliff. former chairman of the joint chiefs of staff, mike mike mullen, was joined at how services committee. this is a less than an hour. >> good afternoon. thank you for coming. my name is peter peterson. i would like to give you a review of why we are supporting this project today. starting about 30 years ago, after studying the profound demographic trends, on the vast and unfunded promise we have made. i have decided was not unsustainable, but a primary threat to the future. speaking of unsustainable, in the nixon white house in which i served, the chairman of the council, if something is unsustainable, he says it co
. >> and tomorrow morning's "washington journal", peter welch, on the latest development of the fiscal cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. now come in a discussion of how the military and national security might be a affected by spending cuts at the first of the year. part of the so-called...
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host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to sustain in the immediate year. so they're not a good idea. would it be the end of the world? no. there would be a downsizing of a lot of services across the government in terms of the domestic accounts. there would be fewer services being provided. there would be reduced federal employees. some grant programs that would take carand hair cut of 5% or 1. the economy would go on and the government would go on. the public would still continue to get serviced by and large. host: can agencies manage this? guest: we have managed sequesters in the past, but not of
host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to...
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. >>> fiscal cliff clock is ticking and throwing a real wrench into the economy. but one ceo is ratcheting up pressure on washington to get a deal done. let's bring in nick, ceo of snap on tools. he is in town for the yale summit. welcome. >> kb g to be with you. >> why is it so important to get a deal done specifically for your company. >> well, if we good over the fiscal cliff, it can't be good. and of course that ratchets up uncertainty. i think one of the things you can talk about the fed, talk about interest rates, but someone once said or someone said recently, it is a psychology, stupid. when we call on our customers, we see that most important thing is their psychology and getting a deal dpun would help that. >> how would that materially effect your company? would it change your hiring plans? >> i think it can. i think the thing do, if we go off the fiscal cliff, i don't know what depth of that effect would be, but couldn't be good. but we have seen that movie before. we went through recession probably the most whithering so i think ceos, at least our view
. >>> fiscal cliff clock is ticking and throwing a real wrench into the economy. but one ceo is ratcheting up pressure on washington to get a deal done. let's bring in nick, ceo of snap on tools. he is in town for the yale summit. welcome. >> kb g to be with you. >> why is it so important to get a deal done specifically for your company. >> well, if we good over the fiscal cliff, it can't be good. and of course that ratchets up uncertainty. i think one of the things...
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i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%. better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the gop's tax proposal saying it does take a bite out of the rich but
i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%. better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more....
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be sure to tune in tomorrow for c innocence's special fiscal cliff coverage, live from washington. mission critical, rise above d.c., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of fiscal responsibility and reform was asked about the progress he thinks both sides were making. >> i think the atmospherics are getting so much better. we've kind of gotten out of the ka kooky theater and gone to dancing the tango with those two guys. any time you start to tango you got a chance. >> joining us this morning from newton, mass, greg manke, economic adviser to the romney campaign, former chair of economic advisers under george w. bush now an economics prof s professor at harvard and ron johnson, director at the institute for new economic thinking and a senior fellow at the roosevelt institute
be sure to tune in tomorrow for c innocence's special fiscal cliff coverage, live from washington. mission critical, rise above d.c., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of...
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cliff. that's coming up in just a little bit. >>> we also can't leave seattle without taking note of another huge milestone in washington state. voters legalized same-sex marriage last month too so today here's the picture. midnight on the dot clerks handed out marriage licenses and those were the first two in line. they met on a blind date back in 1977 and they never thought that they would live to legally wed amongst all of these other people who showed up for their legal licenses in seattle. by the way, the ceremony of those elderly ladies like many others will take place this sunday. ♪ [ male announcer ] shift the balance of power decisively in your favor. the exclusive eight-speed transmission and rotary shifter in the new 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil®
cliff. that's coming up in just a little bit. >>> we also can't leave seattle without taking note of another huge milestone in washington state. voters legalized same-sex marriage last month too so today here's the picture. midnight on the dot clerks handed out marriage licenses and those were the first two in line. they met on a blind date back in 1977 and they never thought that they would live to legally wed amongst all of these other people who showed up for their legal licenses in...
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be part of negotiations on fiscal cliff. we will talk with john larson on how house democrats take on the issue and stephen ola and christina martin and david john of the heritage foundation, on the long-term solvency of social security. "washington journal" is live every morning on c-span at 7:00 a.m. eastern. >> the white house was very controversial as most americans were. >> it was designed for appellate, but americans were having a pellets. it was not particularly awe-inspiring. a european diplomat told the congress that it was neither large or are of the awe-inspiring nature. to . >> "new york times" critic kitty goldberg gathered photographs in history on sunday evening at 730 eastern and pacific on c-span3 american history tv. >> president obama this evening said the u.s. now recognizes the main syrian opposition group as the legitimate representative of its country's people. turkish journalism has reported that the new america foundation. two men have returned from the country into the to the west can do more to hel
be part of negotiations on fiscal cliff. we will talk with john larson on how house democrats take on the issue and stephen ola and christina martin and david john of the heritage foundation, on the long-term solvency of social security. "washington journal" is live every morning on c-span at 7:00 a.m. eastern. >> the white house was very controversial as most americans were. >> it was designed for appellate, but americans were having a pellets. it was not particularly...
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long term for us as a decade. >> let me ask you about the fiscal cliff. certainly a topic we've been speaking about on a daily basis and many times during the day. we've just gotten comments yet again from mr. boehner and reid in washington. do you think that's having any impact on the type of people who buy your products? >> you know, i think any time when there's a lot of talk about what the future may hold for government, for taxation, for financing, that's going to give some people some trepidation about spending. if there's word about the fact that you are going to have higher taxes come the new year, won't have as much to spend, maybe you hold back a little bit. what we like about our business is, it's a relatively low barriers to entry. consumers can buy the luxury of our beauty for $17, $18, $25, $30. this is not a huge investment. and so we're finding a lot of consumers are finding their way into beauty because they don't want to spend $1,000, $2,000 or $3,000 on very luxurious, larger items like a handbag or a new car, for example. so beauty has
long term for us as a decade. >> let me ask you about the fiscal cliff. certainly a topic we've been speaking about on a daily basis and many times during the day. we've just gotten comments yet again from mr. boehner and reid in washington. do you think that's having any impact on the type of people who buy your products? >> you know, i think any time when there's a lot of talk about what the future may hold for government, for taxation, for financing, that's going to give some...
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all you guys on washington pat each other on the back and say we didn't go off the fiscal cliff and the debt goes from $16 trillion to $20 trillion a couple years down the road to $25 trillion. nothing changes in washington, dc. you tax. you still spend. maybe it is time to take the medicine congressman and go over the fiscal cliff and fix the problem. >>guest: there is no fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up and we will have to do things in john. taxes will go up and the democratic party and hopefully some responsible republicans will vote to make certain that we remove this tax cut that would take place. >>eric: no talk about responsible democrats to stop spending so were, or cut back the spending, not just cutting back the increase rate in spending but item spending cuts. >>guest: the rate of increase doesn't have anything to do with the spain people are suffering whether they are middle class or poor. we were talking about the so-called fiscal cliff, if that happens, automatically taxes are going to go up
all you guys on washington pat each other on the back and say we didn't go off the fiscal cliff and the debt goes from $16 trillion to $20 trillion a couple years down the road to $25 trillion. nothing changes in washington, dc. you tax. you still spend. maybe it is time to take the medicine congressman and go over the fiscal cliff and fix the problem. >>guest: there is no fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up...
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it is important not just for the fiscal cliff. i think the country and actually the world is looking at washington saying can these guys work together in a collaborative bipartisan way to deal with fiscal issues, our entrepreneurship issues, we have to start building that bipartisan support. congress did come together, republicans and democrats, house and senate with support of the white house to pass the jobs act around access to capital for entrepreneurs so we have some example of that. hopefully that momentum will continue not just on the fiscal cliff in the coming weeks but issues like the start-up act 2.0 in the coming months. >> gentlemen, look good. steve and scott, come back and let us know how it went in cowboy stadium. >>> google plans to start charging small businesses for its free services like e-mail and google docs. will consumers like you be next? >>> and from 50 stradz of grshaf gray to 5,000 shades of green. employees at random house getting a big stocking stuffer this season. we'll explain. ears, ameriprise finan
it is important not just for the fiscal cliff. i think the country and actually the world is looking at washington saying can these guys work together in a collaborative bipartisan way to deal with fiscal issues, our entrepreneurship issues, we have to start building that bipartisan support. congress did come together, republicans and democrats, house and senate with support of the white house to pass the jobs act around access to capital for entrepreneurs so we have some example of that....
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washington is so obsessed right now with the fiscal cliff, myself included. what is happening with the budget showdown. yet they -- the polling seems to indicate that job creation and and the state of the economy remain, you know, their main concern. go ahead, todd. >> i think they go hand in hand because from a business perspective certainly, large corporations are sitting on lots of cash. they're not investing right now because they're unsure of the future, not just the economic future, but also the future of tax policy in all the rest of that. and all of that is tied in hand to hand. that is, to some degree, keeping the economy back. if we can reach some sort of a deal where we are not coming to blows over six months or year on what policy will look like for another six months, that will give us a lot of confidence and create the kind of government that people say they want. i'm not so sure there is really a bifurcation between what washington is focused on a more people said they want because i do think all of it ultimately is about jobs and economic grow
washington is so obsessed right now with the fiscal cliff, myself included. what is happening with the budget showdown. yet they -- the polling seems to indicate that job creation and and the state of the economy remain, you know, their main concern. go ahead, todd. >> i think they go hand in hand because from a business perspective certainly, large corporations are sitting on lots of cash. they're not investing right now because they're unsure of the future, not just the economic future,...
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. >>> our detail fiscal cliff update is next. >>> find out if the powers that be in washington, have they worked out a dealer? spoiler alert, they say they're not close. >> john mcafee left the united states to avoid taxes but now he's happy to be back in the gold ol' us of a. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>> guess what? breaking news. president obama and house speaker john boehner set to meet today to discuss the fiscal cliff as the two sides have been struggling, to say the least, to reach a deal. speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two get
. >>> our detail fiscal cliff update is next. >>> find out if the powers that be in washington, have they worked out a dealer? spoiler alert, they say they're not close. >> john mcafee left the united states to avoid taxes but now he's happy to be back in the gold ol' us of a. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>>...
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well, most of us know by know the so-called fiscal cliff is looming and if lawmakers in washington don't come up with a deal our taxes will go up and dramatic spending cuts will affect agencies across the board and that includes the food and drug administration in charge of keeping what we eat safe. our emily schmidt explains what that means. >> there are two agencies responsible for food safety. under sequestration, the job's the same with less funding to make it happen. preparing for the holidays and paul and tress ya bennett's house is a reminder of something else around the corner, a fiscal cliff deadline that's personal here. >> i just can't imagine funding being cut at this point. it would be tragic. >> teresa is worried mandatory cuts would mean. >> closely was in the hospital for two weeks, luke, for three. >> she got listeria from food she ate while pregnant. it affected 48 million people a year. the fda and the food safety and inspection service are charged with inspecting the food supply. an 8.2% budget cut combines. there's no word exactly what cuts would mean to inspector st
well, most of us know by know the so-called fiscal cliff is looming and if lawmakers in washington don't come up with a deal our taxes will go up and dramatic spending cuts will affect agencies across the board and that includes the food and drug administration in charge of keeping what we eat safe. our emily schmidt explains what that means. >> there are two agencies responsible for food safety. under sequestration, the job's the same with less funding to make it happen. preparing for...
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cliff? joining us, david, great to have you with us. >> thank you. >> hold on, thelma. hold on louise. can will markets handle it? >> i think we can handle it. it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do, whether we get a deal or not? are there two completely different strategies? >> there is various things on a similar attitude. big is not always good. i think what we are doing is consolidating and moving towards a smaller environment. i think we have smaller investors who can deliver returns. >> what do you mean by that? types of funtds they are investing in. >> th
cliff? joining us, david, great to have you with us. >> thank you. >> hold on, thelma. hold on louise. can will markets handle it? >> i think we can handle it. it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff....
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cliff talks. later, more on the role of social security would the aarp and david john of the heritage foundation. "washington journal" is live every day at 7:00 a.m. eastern on c-span. an official with the department of housing and urban development brief the banking committee of the senate on housing programs that provide rental housing for over 3 million low-income families. she talks about proposals and simplifying operations and reducing cost and hud section eight programs. this is 40 minutes. >> i call this hearing to order. i would like to welcome the honorable senator sandra henriquez about the hud section eight program. millions try to afford everyday a roof over their head. currently, persons with a full-time job and earned about $18.50 per hour in order to afford a modest two-bedroom rental, is the national average. this is an amount far from minimum wage for the income provided by social security income. a further penalty is not just the problem of the largest cities in the country. the
cliff talks. later, more on the role of social security would the aarp and david john of the heritage foundation. "washington journal" is live every day at 7:00 a.m. eastern on c-span. an official with the department of housing and urban development brief the banking committee of the senate on housing programs that provide rental housing for over 3 million low-income families. she talks about proposals and simplifying operations and reducing cost and hud section eight programs. this...
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we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you hear a lot about these spending cuts but realistically, we won't see a whole lot of spending cuts, because this way this was actually createded, we would only see spending cuts of .25%. >> one coming from edgar, he says i'm not confused about the fiscal cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. but you take a person who's makimake $50,000 per year, it's about 1,700 a year. >> i'm going to guess that even if we do leap off the cliff, we'll have some type of a resolution, some type of
we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you hear a lot about these spending cuts but realistically, we won't see a whole lot of spending cuts, because this way this was actually createded, we would only see spending cuts of .25%. >> one...
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and then the fiscal cliff blame game, new data on who americans blame for the gridlock in washington plus is congressional leadership holding up negotiations in d.c.? former senator, co-chair of the campaign to fix the debt judd gregg is here with his take on that. the death cross is on for what was once the favorite name apple, shares rebounding back to 547. is this finally the opportunity to get in? alex gauna is an analyst with jmp securities. good to have you with us. >> good morning, thank you. >> a lot of discussion how technically some defenders say apple is exacting exactly as it should. do you see it that way? >> technically i think the dangerous thing is this stock forms a head and shoulders and i don't know where the support comes in, somewhere in the 400s. that's a key risk to the stock. i focus on the fundamentals. it's worrisome in the near term for apple. when there's a lot behind that, the relationship with samsung the frenemy relationship has gone to enemy. also the closing competitive gap between apple and rival products out there, so many of those that have subsidi
and then the fiscal cliff blame game, new data on who americans blame for the gridlock in washington plus is congressional leadership holding up negotiations in d.c.? former senator, co-chair of the campaign to fix the debt judd gregg is here with his take on that. the death cross is on for what was once the favorite name apple, shares rebounding back to 547. is this finally the opportunity to get in? alex gauna is an analyst with jmp securities. good to have you with us. >> good morning,...
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greg miller from "the washington post," thank you so much. >> thank you. >>> the fear of the fiscal cliff and its effect on real people. >> we're not trying to live off the system. we're trying to survive. it is not a luxury to be on unemployment. it is a means to keep us going. >> coming up next, the unhome employed who are waiting for fiscal cliff deal. there's a health company that can help you stay that way. what's healthier than that? in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> want to return again to the budget talks in washington. the president is getting pressure from his left flank today, progressive democrats warning him not to make cuts to medicaid in the fiscal cliff negotiations. one expressed dismay today at the climate of secrecy surrounding the talks. listen if you would to senator j
greg miller from "the washington post," thank you so much. >> thank you. >>> the fear of the fiscal cliff and its effect on real people. >> we're not trying to live off the system. we're trying to survive. it is not a luxury to be on unemployment. it is a means to keep us going. >> coming up next, the unhome employed who are waiting for fiscal cliff deal. there's a health company that can help you stay that way. what's healthier than that? in that time...
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we're fighting about that in washington on the fiscal cliff, too. >> let me -- last question for you, suppose the republicans, they don't like the uaw's liberal point of view on politics. >> none of our dues dollars goes to -- very, very little. we raise our money for politics through voluntary contributions. the money that members pay in dues goes to pay for the representation they get. >> okay. well said. let me go to mr. hagerstrom. same tough questions. why are republicans and your organization against unions, because this is pretty much a union gutting operation. you would like to see -- you work for the koch brothers. they don't like unions. why are you working for them? >> you know, i work for americans for prosperity. this is not about the koch brothers. this is about freedom for -- >> who is paying your salary? >> i work for americans for prosperity -- >> who is paying your salary? >> americans for prosperity. i came here to talk about the policy and -- >> who is paying your salary to do it? who is paying your salary to do what you're doing right now? >> i just told you. amer
we're fighting about that in washington on the fiscal cliff, too. >> let me -- last question for you, suppose the republicans, they don't like the uaw's liberal point of view on politics. >> none of our dues dollars goes to -- very, very little. we raise our money for politics through voluntary contributions. the money that members pay in dues goes to pay for the representation they get. >> okay. well said. let me go to mr. hagerstrom. same tough questions. why are republicans...
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say they approve of how the president is handling the "fiscal cliff" crisis versus just 25% who approve of the republicans speaker of the house john boehner. >> thank you. >>> we have some breaking news now out of southern california. cal state fullerton is on lockdown. we have a live picture of the campus for you there. here's what's going on. police are searching for two armed men. now they believe it started when five suspects robbed a jewelry store in riverside county. after a chase that ended near the fullerton campus, apparently they have been able to arrest two of those suspects. police checking the campus for two others and we have some earlier video of the fifth suspect respect who police say carjacked this silver car and took off. the chase went on for miles. it finally anded in watts where police chased the suspect down and arrested him at that baseball diamond. >>> the white house has one word for korea's rocket launch. irresponsible. now the united nations security council is work on their response. cbs news reporter monica villamizar has more. >> reporter: north korea says
say they approve of how the president is handling the "fiscal cliff" crisis versus just 25% who approve of the republicans speaker of the house john boehner. >> thank you. >>> we have some breaking news now out of southern california. cal state fullerton is on lockdown. we have a live picture of the campus for you there. here's what's going on. police are searching for two armed men. now they believe it started when five suspects robbed a jewelry store in riverside...
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still ahead, secrets surrounding the fiscal cliff negotiations in washington. no one is talking -- secrets. many say it's a sign of progress. others say it should be out in the open. jeff sessions will weigh in, that next. >>> this is not your typical shopper. how this well-dressed little monkey ended up in ikea. >> a monkey in a coat. >> nice jacket. looks like a shearling. back in a moment. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> good morn
still ahead, secrets surrounding the fiscal cliff negotiations in washington. no one is talking -- secrets. many say it's a sign of progress. others say it should be out in the open. jeff sessions will weigh in, that next. >>> this is not your typical shopper. how this well-dressed little monkey ended up in ikea. >> a monkey in a coat. >> nice jacket. looks like a shearling. back in a moment. so, this board gives me rates for progressive direct and other car insurance...
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. >> shep, that's the great unknown in all of this fiscal cliff fighting. some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence in our future. >> the number two senate ranked democrat mr. temperature bib argues next week will be critical in terms of president obama and speaker boehner finding a compromise. shep? >> shepard: democrats are still saying what they have said all along and what the president ran on this is about taxes. >> that is true and they note president obama campaigned on upper income americans paying more so they intend to make sure that happens. the house democratic leader says the only obstacle is republican
. >> shep, that's the great unknown in all of this fiscal cliff fighting. some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the...